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Please answer all the following questions. Ordinary tax rate 40% 20% 10% 0% 1982 1985 1988 1991 1994 Capital gains tax rate 1997 2000 2003

Please answer all the following questions.
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Ordinary tax rate 40% 20% 10% 0% 1982 1985 1988 1991 1994 Capital gains tax rate 1997 2000 2003 2006 2009 2012 Year 2015 2018 4. What was the highest ordinary tax rate in 1982? What is the highest ordinary tax rate today (approximately)? Between 2003 and 2012 what was the highest ordinary tax rate (approximately)? Between 2003 and 2012 What was the highest capital gains tax rate (approximately)? Based on your answer to the previous two questions, in 2003-2012 how much was the tax advantage for income to be classified as capital gains versus ordinary (approximately)?

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